But imputed income is not entirely exempt from federal income taxes. Employees may require an imputed income payroll adjustment. Employees can opt for federal income tax withholding on their imputed income or pay the requisite dues when they file their federal income tax return.
Literally, the thirteen stripes on the flag represent the thirteen original colonies. The fifty stars represent the fifty current states. Figuratively, the flag stands for freedom and democracy. It represents the unity of America, our common cause, and the hope for a better tomorrow.
The colors of the pales (the vertical stripes) are those used in the flag of the United States of America; White signifies purity and innocence, Red, hardiness & valor, and Blue, the color of the Chief (the broad band above the stripes) signifies vigilance, perseverance & justice..